Gold Futures
Long

NY Open Playbook

43
Gold is extended heading into NY, but structure is clean and bullish. We’re sitting above PDH and holding a reclaimed supply zone. If $3,364 holds, we expect continuation toward $3,384–$3,390. If NY rejects at the top, watch for a clean reversion to $3,346 and possibly lower. Key decision level is $3,364.

Key Levels
PDH - $3,359
Previous day high (currently holding above)

PDL - $3,310
Previous day low

Displaced HVRA - $3,346 – $3,350
Reclaimed supply → demand (buy zone)

FR Demand Block - $3,324 – $3,335
Fair range support if trend fails

Primary HVRA - $3,372 – $3,384
Main target / short trigger zone

ATE Extension - $3,390+
Final bullish extension target

Bullish Scenarios
(b]Reactive Long
Entry: $3,346 – $3,350

SL: $3,343 (aggressive) or $3,339 (safe)

TP1: $3,364

TP2: $3,372

TP3: $3,384

Momentum Breakout Long
Trigger: Break + hold above $3,364

SL: $3,358

TP1: $3,372

TP2: $3,384

TP3: $3,390+

Bearish Scenario
Rejection Short
Entry: $3,372 – $3,384 (on wick/failure)

SL: $3,390

TP1: $3,358

TP2: $3,346

TP3: $3,335

Direction is binary at $3,364. Whether we rotate down or extend up, both plays are valid execute with discipline, not bias.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.